Energy Recovery, Inc.·Industrials

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JPMorgan Chase and Co. trimmed its stake in shares of Energy Recovery, Inc. (NASDAQ: ERII) by 40.5% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,450 shares of the industrial products company's stock after selling 81,155 shares

Shares of Energy Recovery, Inc. (NASDAQ: ERII - Get Free Report) have received an average rating of "Moderate Buy" from the five ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy

Energy Recovery (ERII) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Energy Recovery, Inc. (NASDAQ: ERII - Get Free Report)'s stock price reached a new 52-week low during trading on Friday. The stock traded as low as $9.59 and last traded at $9.6810, with a volume of 61354 shares. The stock had previously closed at $9.73. Analyst Upgrades and Downgrades ERII has been the subject of

Alpha Wave Global LP reduced its stake in Energy Recovery, Inc. (NASDAQ: ERII) by 26.1% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 527,871 shares of the industrial products company's stock after selling 186,450 shares during the period. Energy
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.
Industrials
Industrial - Pollution & Treatment Controls
254
2008-07-02
1.08